Stockman To Trump: It’s The Economy, Stupid
by Ryan McMaken via The Mises Institute,
ZeroHedge.com
Feb 9, 2017
In a recent appearance on CNN, David Stockman suggested that Trump might best spend some time actually addressing economic issues instead of the administration’s travel ban for immigrants from Middle Eastern countries, which Stockman called “a giant misfire.”
Pointing out that Americans are far, far more likely to be struck by lightning than killed by a terrorist, Stockman asserted that it was really Trump’s opposition to Obamacare and other government regulation that got him elected. Employing the 1992 Clinton Campaign motto of “it’s the economy, stupid,” Stockman noted “Trump was elected because flyover America is hurting economically. The voters of Racine, Wisconsin and Johnstown, Pennsylvania are imperiled not because of some refugees, they’re imperiled because their jobs have all been disappearing for decades. The problem is far more the Federal Reserve, Janet Yellen, the bubbles they’re creating on Wall Street…”
Stockman went on suggest that the Trump Administration is showing decreased interest in “draining the swamp” employing a phrase Trump used when he claimed he would greatly cut federal power in Washington. Instead of doing that, Stockman contends, Trump is merely filling the swamp with ” “other creatures that will build up homeland security, border control, more money for defense, more money for spying and national security.”
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